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This standard supplements the criteria for identifying simple, transparent and comparable short-term securitisations issued jointly with the International Organization of Securities Commissions (IOSCO) in May 2018. The standard sets out additional guidance and requirements for the purpose of applying preferential regulatory capital treatment for banks acting as investors in or as sponsors of simple, transparent and comparable (STC) short-term securitisations, typically in asset-backed commercial paper (ABCP) structures. The additional guidance and requirements in this standard are consistent with those for STC term securitisations set out in the Committee's July 2016 revisions to the securitisation framework. Provided that the expanded set of STC short-term criteria are met, STC short-term securitisations will receive the same modest reduction in capital requirements as other STC term securitisations.